TOP BUZZ OF THE DAY
Where did the market close yesterday?
Stocks remained lower in the early afternoon Thursday after a greater-than-expected increase in crude supplies pushed oil prices lower. The S&P 500 was down 0.92%, the Dow Jones Industrial Average fell 1.1%, and the Nasdaq slid 0.65%. Crude stocks in the U.S. climbed at a rate of 4.2 million barrels over the week ended Nov. 6, according to a recent check by the Department of Energy. Analysts had expected inventories to rise by 2.9 million barrels. Prices have been under pressure for a year as weakening global demand exacerbates continued oversupply. West Texas Intermediate crude dropped 2.4% to $41.90 a barrel on Thursday. A series of speeches from Federal Reserve members highlighted a more hawkish tone on monetary policy. St. Louis Fed President James Bullard, for example, argued for a rate hike during one of the many Fed speeches scheduled throughout the day.
What economic numbers come out today?
2015 Economic Calendar
What are the headlines today?
New York Times
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